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Melbourne 32934 Cypress Bend
1255 Cypress Bend Circle
$232,000
● House - Off Market

1255 Cypress Bend Circle

Melbourne, FL 32934
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,520 Ft²
$285,875
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Lovely 3 Bedroom 2 Bath Family Home Located In The Charming Community Of Cypress Bend! This Home Has Been Meticulously Maintained & Offers A Formal Living & Dining Room, Family Room, Open Kitchen & Covered/Screened Patio! Master Suite With Huge Custom Built Walk-In Closet & Spacious EnSuite With Soaker Tub! Tile Throughout All Living Areas & Newer Wood Flooring In Bedrooms! Laundry Room & 2 Car Garage! Accordion Shutters, Impact Sliders, New Roof In 2017, Newer AC and Water Heater! Sprinkler System, Mature Landscaping & Fenced Yard! LAKEFRONT Community Pool & Cabana Baths, Picnic Area & Playground! Welcome Home!
Unit Size
1,520 Ft²
Days on Market
28 days
Land Size
0.14 acres
Price per sqft
$151
Property Type
House
Property Taxes
$115
HOA Dues
$135
Year Built
1994

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (Space Coast MLS #897499)

Price History

Date / Event Date Event Price
Mar 23, 2021 Sold
Premium
Sold
Feb 19, 2021 Listed by BHHS Florida Realty $229,900
Listed by BHHS Florida Realty
Apr 9, 2013 Sold
Premium
Sold
Jan 21, 2013 Listed by BHHS Florida Realty $157,900
Listed by BHHS Florida Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 392
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 510
  • Total Building Area: 2,052
  • Gross Building Area: 2,052
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS BEND
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CYPRESS BEND LOT 17 BLK 6

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064130

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 292
  • Account Number: 2703546
  • Parcel: 27-36-23-25-00006.0-0017.00
  • Block: 6
  • Lot: 17
  • Meridian: SEC 23 TWN 27S RNG 36E
  • Municipality: MELBOURNE
  • Latitude: 28.1244
  • Longitude: -80.6975

    Address

  • Full Address: 1255 Cypress Bend Cir
  • Address - House Number: 1255
  • Address - Street Name: Cypress Bend
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R070
  • 4-Digit Zip Code: 7247
  • Zip Code: 32934

Valuation

    Tax

  • Total Area: 1,790
  • Tax Year: 2022
  • Tax Amount: $335,305
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 344,777
  • High Value: 407,160
  • Low Value: 282,393

    Market Valuation

  • Market Total Value: $231,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $231,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021073751
  • Previous Sale Recording Date: Apr 09, 2013
  • Previous Sale Contract Date: Apr 05, 2013
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cypress Bend

Stats & Trends

Median Asking:

$290,000

Sale Price/ft²

$216

Below Asking

0.02%

Average Days on Market

60

Average Home Size

1409 ft²

Average Home Age

32.3 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 854 Hunters Creek Drive, West Melbourne, FL, 32904

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,460 ft²
854 Hunters Creek Drive, West Melbourne, FL, 32904 Listing by Melissa Joeliz Lussier

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Barbara C Wall, BHHS Florida Realty
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 897499
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 1255 Cypress Bend Circle built and last sold?
The property at 1255 Cypress Bend Circle was built in 1994 and last sold on Mar 19, 2021 for $232,000.
How much is this home worth?
The estimated value of the home located at 1255 Cypress Bend Circle is $0.
What are some comparable homes to 1255 Cypress Bend Circle?
There are currently no comparable homes to 1255 Cypress Bend Circle.
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